25 Feb 2025
📉Executive Order on Reducing the Federal Bureaucracy
Commencing the Reduction of the Federal Bureaucracy
Summary
Executive Order 14217 emphasizes a strategy to significantly reduce the size of the Federal Government, aiming to enhance accountability and minimize waste. It initiates the elimination of unnecessary governmental entities and committees to promote efficiency, economic freedom, and innovation while ensuring compliance with applicable laws.
Agencies
- Executive Office of the President
Business Impact
$$ - Med
The executive order mandates significant reductions in federal bureaucratic functions, specifically targeting governmental entities and committees deemed unnecessary. This could lead to decreased regulatory burdens and potential cost savings for businesses that align with streamlined operations, enhancing innovation and freeing resources.